Griffin Industrial Realty, Inc. (GRIF) Files Form 4 Insider Buying : Michael Gamzon Buys 1,370 Shares

Griffin Industrial Realty, Inc. (GRIF): Michael Gamzon , CEO of Griffin Industrial Realty, Inc. purchased 1,370 shares on Apr 22, 2016. The Insider buying transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $25.96 per share for a total value of $35,578.60 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 21, 2016, Michael Gamzon (CEO) purchased 2,500 shares at $25.40 per share price.On Apr 21, 2016, Rebecca D Gamzon (10% owner) purchased 2,500 shares at $25.40 per share price.Also, On Apr 22, 2015, John Joseph Jr Kirby (director 10% owner) purchased 8,000 shares at $31.80 per share price.On Apr 22, 2015, Susan Cullman (10% owner) purchased 8,000 shares at $31.80 per share price.

Griffin Industrial Realty Inc: On Friday, Apr 22, 2016 heightened volatility was witnessed in Griffin Industrial Realty Inc which led to swings in the share price. The shares opened for trading at $25.505 and hit $26 on the upside , eventually ending the session at $26, with a gain of 1.72% or 0.44 points. The heightened volatility saw the trading volume jump to 1,350 shares. The 52-week high of the share price is $33.49 and the company has a market cap of $134 M . The 52-week low of the share price is at $21.95.

Griffin Industrial Realty Inc Money Flow Index Chart

Griffin Land & Nurseries Inc. (Griffin) operates a real estate business through its wholly owned subsidiary Griffin Land LLC (Griffin Land) that is principally engaged in developing managing and leasing industrial and commercial properties. Griffin Land owns 31 buildings consisting of approximately 2.8 million square feet. Approximately 84% of this square footage is industrial/warehouse space with the balance principally being office/flex space. Approximately 84% of Griffin Land’s industrial/warehouse space is leased and approximately 93% of Griffin Land’s office/flex space is leased. The Company’s commercial and industrial development effort is focused on Tradeport an industrial park located in Connecticut. Griffin Land’s other commercial development in Connecticut is the combination of its buildings in Griffin Center in Windsor and Bloomfield Connecticut and Griffin Center South in Bloomfield. Its residential markets include Simsbury Suffield and others.

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